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The economy of El Salvador has experienced relatively low rates of GDP growth, in comparison to other developing countries. Rates have not risen above the low single digits in nearly two decades – part of a broader environment of macroeconomic instability which the integration of the United States dollar has done little to improve. [14]
El Salvador's energy sector is largerly focused on renewables. El Salvador is the largest producer of geothermal energy in Central America.Except for hydroelectric generation, which is almost totally owned and operated by the public company CEL (Comisión Hidroeléctrica del Río Lempa), the rest of the generation capacity is in private hands.
El Salvador: According to the World Bank, El Salvador is the fourth-largest economy in the region, and has a GDP PPP of $50,903 million. [3] The Salvadoran economy grew by 3% in 2010, after a strong contraction in 2009. [8] Honduras: Is the second-poorest country in Central America, with 60% living in poverty according to the CIA World Factbook.
The constitutional chamber of El Salvador's Supreme Court of Justice on Friday declared an executive decree that would establish protocols for the gradual reopening of the economy as unconstitutional.
This is a list of estimates of the real gross domestic product growth rate (not rebased GDP) in Latin American and the Caribbean nations for the latest years recorded in the CIA World Factbook.
SAN SALVADOR (Reuters) -El Salvador's President Nayib Bukele took office on Saturday for a second term pledging to cure the "illnesses" of the Central American country by prescribing his medicine ...
The landslide re-election of popular authoritarian President Nayib Bukele in El Salvador’s Feb. 4 elections seems to confirm a global trend toward the loss of support for democracy.
Cuba is not included in the list due to lack of economic data. Of the countries listed, some are not independent: Aruba is a constituent country of the Kingdom of the Netherlands, and Puerto Rico is a United States territory with special status and thus is measured separately from the U.S. by the World Economic Outlook.